Building the Engine Room of the Future

Bachmann’s involvement in MARIN’s Zero Emissions Lab

Bachmann’s involvement in MARIN’s Zero Emissions Lab

PB Tankers 'Shocked' to Be on OFAC Venezuela Sanctions List

Tanker

PB Tankers said it "is shocked and concerned" by the US OFAC action to add the company to its sanctions list.

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US Sanctions Nine Ships, Four Owners for Venezuela Ties

Shipping

Another four shipping firms and nine vessels were hit by sanctions after transporting Venezuelan oil.

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US Blacklists Two Shipping Firms and a Tanker

Tanker

US blacklisted two shipping firms and a crude oil tanker in relation to the country's sanctions on Venezuela.

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North Korea-Flagged Tanker Busted Violating UN Sanctions

North Korean-flagged tanker Saebyol

The North Korean tanker is believed to have been involved in a ship-to-ship fuel transfer.

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US Designates Two Shipping Firms for Evading DPRK Sanctions

ships

US Department of the Treasury designates two shipping companies that have helped North Korea evade sanctions.

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USCG Enforces North Korea Sanctions in East China Sea

North Korea

USCG sent its cutter to Sasebo, Japan to enforce North Korea sanctions in the East China Sea.

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Russian Shipyards Targeted by New US Sanctions

Russian flag

Russian shipbuilders and equipment manufacturers sanctioned by the US, EU and Canada.

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59 Iran-Linked Ships Stripped of Panamanian Flag

tanker

Panama revoked the registration of a number of Iranian vessels after the restoration of the US sanctions.

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Bahri Dismisses Reports of Breaching Venezuela Sanctions

Bahri VLCC

Bahri dismissed reports that one of its very large crude carriers was breaching U.S. sanctions on Venezuela.

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US Blacklists Venezuela’s PDVSA

Venezuela

The United States has imposed sanctions on Venezuela's state-run oil firm PDVSA.

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Ship Involved in Kerch Strait Fire Barred from Usual Port

Kerch Strait Fire

Maestro and Venice/Candy listed by the U.S. Department of the Treasury for petroleum shipments to Syria.

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Iran's President: No Oil Will Be Exported from the Gulf

Hassan Rouhani, Iran's President

Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.

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US Treasury Warns Against Petroleum Shipments to Syria

Donald Trump

US warns maritime community of sanctions risks related to petroleum shipments to Syria.

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US: Iranian Tankers Are a Floating Liability

tanker

Hook: Iranian tankers are now a floating liability.

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Chabahar Port Development Exempted from US Sanctions

Donald Trump

U.S. exempted the development of the Chabahar Port in Iran from sanctions on Iran.

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Sunken Sanchi Included in US Sanctions List against Iran

Donald Trump

Sanchi, which sank in January 2018, included in the new U.S. list of sanctioned individuals and entities.

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U.S. Sanctions against Iran to Drive Tanker Rate Increases

Donald Trump

Sanctions against Iran contribute to the increase in tanker rates.

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US Blacklists WT Marine over North Korea Links

US flag

WT Marine Pte, a marine fuels company from Singapore blacklisted by U.S. Treasury.

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IRISL Linked to Three Tankers at Sadra

tanker

IRISL orders three 113,000 dwt tankers at compatriot shipbuilder SADRA.

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Drewry: Tight Supply to Keep Oil Prices Up in Q4

tanker

Oil prices have already started to rise ahead of US sanctions against Iran.

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EU, China and Russia to Keep Trade Relations with Iran

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy

A a Special Purpose Vehicle to be established to facilitate payments related to Iran's exports and imports.

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